Since you have a net loss for the year, that is considered a Net Operation Loss (NOL), which can be carried over to future years. A passive loss is different from a NOL, in that a passive loss on a rental can usually be written off up to $25,000 against ordinary income, but the NOL can be used to reduce all taxable income for future years, up to the amount of the loss.
You can query "NOL" in the search box on your TurboTax screen and you will see a "Jump To" option that you can click on to find the NOL worksheet in TurboTax. When you complete that, TurboTax will carry your NOL over to next year automatically.
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